House of Commons · Written Ministerial Statement
Media Mergers Update
30 June 2026 · Department for Culture, Media and Sport
Proposed by Lisa Nandy Lab Wigan
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- Media Mergers Update statement issued on 2026-06-30
- Potential public interest concerns raised over Paramount's acquisition of Warner Bros Discovery
- Minister considering intervention and possible new legislation regarding streaming services impact
Issue summary
The statement addresses potential public interest concerns regarding Paramount's acquisition of Warner Bros Discovery.
Action requested
The minister is minded to intervene based on plurality grounds and may introduce new legislation to address streaming or video-on-demand services impact. The parties have until 6 July to respond with further representations.
Key facts
- The acquisition value is $110 billion (£83 billion).
- Public interest grounds include a sufficient plurality of views in news media.
- Section 58 of the Enterprise Act may be updated to consider on-demand viewing impact.
- Parties have until 6 July to respond with further representations.
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Assessment & feedback
Summary accuracy